Gartner Research

Forecast: Enterprise IT Spending for the Retail Market, Worldwide, 2018-2024, 1Q20 Update


Gartner forecasts global IT spending in the retail market to decline by 13.3% in 2020 to reach $196.8 billion in constant U.S. dollars, down from $227.1 billion in 2019. Spending is expected to rebound to a five-year average growth rate of 10.6% to reach an estimated $270.5 billion by 2024.

Published: 08 May 2020

ID: G00726962

Analyst(s): Sandeep Unni Gregor Petri Rika Narisawa Inna Agamirzian

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